{"schema_version":"1.0","name":"MLVN Technical Research Pack","type":"technical_research_pack","method_version":"technical-research-pack-1","as_of":"2026-08-14","ticker":{"uuid":"a901585c-d87f-46dc-a426-4f83ff6ce542","symbol":"MLVN","name":"Malvern International Plc","exchange":"LSE","country":"GB","asset_type":"equity","currency":"GBP","sector":"Consumer Defensive","industry":"Education & Training Services"},"summary":"Price structure and the underlying tape currently reinforce the same downside read.","sections":[{"name":"Executive technical read","description":"Completed-week price state, Market Dynamics alignment, current price and the principal technical KPIs."},{"name":"Market Dynamics","description":"The proprietary relationship between completed price, underlying support, positioning zones and confirmation."},{"name":"Ticker evidence record","description":"Current application, comparable historical conditions, zone outcomes and practical review conditions."},{"name":"Adaptive technical evidence","description":"Six condition-selected views: Trend, acceptance and volatility envelope, Strength versus the research benchmark, Drawdown and recovery pressure, Range pressure and compression, Activity pressure and cumulative balance, Range position and boundary pressure."},{"name":"SM Tape Intelligence","description":"Resolved consensus with Control, Force, Direction and Confirmation gauges against completed price."},{"name":"Research boundary","description":"Dated scope, interpretation limits, methodology version and source references."}],"research":{"available":true,"asOf":"2026-08-14","observations":260,"displayedObservations":104,"assetType":"Equity","state":"Aligned downward","stateTone":"negative","summary":"Price structure and the underlying tape currently reinforce the same downside read.","evidenceAlignment":{"status":"Evidence aligned downward","headline":"Downward price structure is confirmed by Market Dynamics","summary":"Price structure and the underlying tape currently reinforce the same downside read.","take":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","tone":"negative","conflict":false},"marketDynamics":{"available":true,"readAvailable":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"values":[-0.229583,-0.257814,-0.367858,-0.486595,-0.570986,-0.618629,-0.525299,-0.486279,-0.250843,-0.233606,-0.22422,-0.030268,0.121872,0.454949,0.858309,1.096226,1.282478,1.083595,0.931537,0.806438,0.613172,0.718841,0.826384,0.970407,1.075577,1.050963,0.968918,0.825093,0.453815,0.192482,-0.075847,-0.263394,-0.384064,-0.552052,-0.700435,-0.851325,-0.918739,-1.014239,-0.936899,-0.843513,-0.665333,-0.411503,-0.584889,-0.847176,-1.04138,-1.381294,-1.43113,-1.364661,-1.328628,-1.156765,-0.967823,-0.829638,-0.786617,-0.711764,-0.644374,-0.456504,-0.124543,0.10876,0.585308,0.894366,1.150731,1.409899,1.385952,1.349359,1.258784,1.175714,1.066461,0.976489,0.878804,0.762281,0.672083,0.502138,0.313851,0.216364,-0.086935,-0.216507,-0.327488,-0.523415,-0.407426,-0.525424,-0.639806,-0.747183,-0.974544,-1.060566,-1.180384,-1.208954,-1.237196,-1.232508,-1.155971,-1.095174,-1.053544,-0.995757,-0.782591,-0.52718,-0.178064,0.04884,0.133095,-0.042371,-0.162895,-0.180477,-0.316338,-0.296284,-0.199591,-0.316204],"opens":[0.185,0.185,0.19,0.185,0.19,0.19,0.19,0.19,0.19,0.185,0.185,0.18,0.18,0.19,0.21,0.215,0.21,0.215,0.195,0.205,0.205,0.205,0.2,0.2,0.22,0.215,0.215,0.215,0.215,0.2025,0.2075,0.2075,0.2075,0.2,0.2,0.2,0.2,0.195,0.205,0.205,0.205,0.205,0.205,0.165,0.165,0.165,0.165,0.165,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.175,0.165,0.16,0.195,0.215,0.265,0.26,0.255,0.26,0.26,0.26,0.26,0.26,0.26,0.25,0.26,0.255,0.255,0.255,0.255,0.26,0.255,0.245,0.245,0.23,0.23,0.22,0.225,0.225,0.215,0.215,0.22,0.22,0.22,0.22,0.22,0.225,0.225,0.225,0.22,0.22,0.205,0.21,0.21,0.21,0.21,0.21,0.215],"highs":[0.185,0.1986,0.195,0.198,0.19,0.191,0.19,0.2038,0.195,0.185,0.185,0.18979,0.2,0.21,0.2188,0.22,0.23,0.215,0.205,0.22,0.2128,0.215,0.21,0.23,0.225,0.22,0.215,0.23,0.22,0.21,0.2075,0.2075,0.2075,0.2,0.2,0.2,0.2,0.195,0.205,0.205,0.205,0.205,0.205,0.17,0.17,0.17,0.165,0.18,0.17,0.17,0.18,0.17,0.17,0.18,0.17,0.1766,0.178,0.17,0.2,0.23,0.27222,0.28,0.27,0.27,0.26,0.26,0.26,0.27,0.267,0.267,0.26,0.26,0.255,0.255,0.255,0.26,0.26,0.255,0.254,0.245,0.235,0.23,0.227,0.227,0.235,0.2195,0.22,0.22,0.22,0.23,0.23,0.22,0.2275,0.2275,0.225,0.22,0.22,0.205,0.21,0.22,0.21,0.21,0.22,0.22],"lows":[0.185,0.17,0.167,0.17,0.19,0.17,0.1725,0.17,0.17,0.17,0.17,0.17,0.173,0.176,0.2,0.21,0.2,0.19,0.1945,0.1922,0.19,0.19,0.18,0.2,0.2033,0.215,0.20555,0.21,0.201,0.2025,0.1955,0.2075,0.195,0.19,0.19,0.19,0.19,0.185,0.2,0.196,0.205,0.2005,0.1535,0.157,0.15439,0.157,0.16,0.16,0.17,0.17,0.1625,0.1625,0.1617,0.16,0.163,0.163,0.1525,0.154,0.16,0.195,0.206,0.2502,0.24,0.235,0.25,0.24,0.25,0.24,0.25,0.25,0.24754,0.25,0.25,0.25,0.25,0.25,0.25,0.225,0.23,0.22,0.22,0.21,0.22,0.22,0.215,0.21,0.21,0.21,0.21,0.21,0.21,0.211,0.21,0.2123,0.202,0.2133,0.21,0.205,0.195,0.21,0.2,0.201,0.2078,0.2],"closes":[0.185,0.19,0.185,0.19,0.19,0.19,0.19,0.18,0.185,0.185,0.18,0.18,0.19,0.21,0.215,0.21,0.215,0.195,0.205,0.205,0.205,0.2,0.205,0.22,0.215,0.215,0.215,0.215,0.2025,0.2075,0.2075,0.2075,0.2,0.2,0.2,0.2,0.195,0.195,0.205,0.205,0.205,0.205,0.165,0.165,0.165,0.165,0.165,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.175,0.165,0.165,0.195,0.215,0.265,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.255,0.255,0.255,0.255,0.26,0.255,0.245,0.245,0.23,0.23,0.225,0.225,0.225,0.215,0.215,0.22,0.22,0.22,0.22,0.22,0.22,0.225,0.225,0.22,0.22,0.22,0.205,0.21,0.21,0.21,0.21,0.215,0.205],"pressureRange":[-1.977826,1.977826],"priceRange":[0.165,0.285],"zones":{"accumulationBoundary":0.120796,"distributionBoundary":0.879204},"latest":-0.316204,"state":"Negative and weakening","context":{"scenario":"negativeWeakening","latestDirection":"easing","fourWeekDirection":"weakening","now":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeek":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"price":{"label":"Price and Market Dynamics are broadly aligned","detail":"The current price response is broadly consistent with the underlying Market Dynamics path."}},"diagnosis":{"label":"Negative and weakening","detail":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","tone":"negative"},"chartSummary":"Price is between the outer positioning zones. The Market Dynamics bars show whether underlying support is strengthening or weakening.","summary":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","annotations":[{"label":"Current tape relationship","value":"Negative and weakening","detail":"Market Dynamics weakened this week and remains below zero.","tone":"negative"},{"label":"Price location","value":"Between zones","detail":"Price is travelling between the two major positioning zones.","tone":"neutral"},{"label":"Latest positioning marker","value":"3 Oct 2025","detail":"The green dot marks a confirmed recovery where institutional positioning is most plausible.","tone":"neutral"},{"label":"Market Dynamics confirmation","value":"Weakening","detail":"Underlying support has contracted across the recent completed path.","tone":"negative"}],"relationshipEvidence":{"available":true,"asOf":"2026-08-14","observations":260,"relationship":{"sameWeekCorrelation":0.35,"forwardCorrelation":0.18,"directionalAgreement":49.5,"sample":216,"correlationSample":259,"label":"Meaningful relationship"},"accumulation":{"label":"Accumulation","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":16.0,"medianWeeksInZone":16,"averageWeeksToHigher":5.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":0,"expectedPercent":0.0,"medianReturn":0.0,"averageReturn":0.0,"confidenceLow":0.0,"confidenceHigh":79.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":3.0,"averageReturn":3.0,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":57.6,"averageReturn":57.6,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.0,"sample":1},{"week":2,"averageReturn":0.0,"sample":1},{"week":3,"averageReturn":0.0,"sample":1},{"week":4,"averageReturn":0.0,"sample":1},{"week":5,"averageReturn":3.0,"sample":1},{"week":6,"averageReturn":3.0,"sample":1},{"week":7,"averageReturn":3.0,"sample":1},{"week":8,"averageReturn":3.0,"sample":1},{"week":9,"averageReturn":3.0,"sample":1},{"week":10,"averageReturn":3.0,"sample":1},{"week":11,"averageReturn":3.0,"sample":1},{"week":12,"averageReturn":3.0,"sample":1},{"week":13,"averageReturn":6.1,"sample":1},{"week":14,"averageReturn":0.0,"sample":1},{"week":15,"averageReturn":0.0,"sample":1},{"week":16,"averageReturn":18.2,"sample":1},{"week":17,"averageReturn":30.3,"sample":1},{"week":18,"averageReturn":60.6,"sample":1},{"week":19,"averageReturn":57.6,"sample":1},{"week":20,"averageReturn":57.6,"sample":1},{"week":21,"averageReturn":57.6,"sample":1},{"week":22,"averageReturn":57.6,"sample":1},{"week":23,"averageReturn":57.6,"sample":1},{"week":24,"averageReturn":57.6,"sample":1},{"week":25,"averageReturn":57.6,"sample":1},{"week":26,"averageReturn":57.6,"sample":1}]},"distribution":{"label":"Distribution","episodes":1,"completedEpisodes":1,"activeEpisodes":0,"averageWeeksInZone":1.0,"medianWeeksInZone":1,"averageWeeksToLower":1.0,"expectedExitPercent":100.0,"horizons":[{"weeks":4,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-12.3,"averageReturn":-12.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":12,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-21.1,"averageReturn":-21.1,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"},{"weeks":26,"sample":1,"expectedCount":1,"expectedPercent":100.0,"medianReturn":-26.3,"averageReturn":-26.3,"confidenceLow":20.7,"confidenceHigh":100.0,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-5.3,"sample":1},{"week":2,"averageReturn":-10.5,"sample":1},{"week":3,"averageReturn":-10.5,"sample":1},{"week":4,"averageReturn":-12.3,"sample":1},{"week":5,"averageReturn":-7.0,"sample":1},{"week":6,"averageReturn":-7.0,"sample":1},{"week":7,"averageReturn":-12.3,"sample":1},{"week":8,"averageReturn":-12.3,"sample":1},{"week":9,"averageReturn":-15.8,"sample":1},{"week":10,"averageReturn":-15.8,"sample":1},{"week":11,"averageReturn":-21.1,"sample":1},{"week":12,"averageReturn":-21.1,"sample":1},{"week":13,"averageReturn":-24.6,"sample":1},{"week":14,"averageReturn":-29.8,"sample":1},{"week":15,"averageReturn":-29.8,"sample":1},{"week":16,"averageReturn":-31.6,"sample":1},{"week":17,"averageReturn":-35.1,"sample":1},{"week":18,"averageReturn":-33.3,"sample":1},{"week":19,"averageReturn":-29.8,"sample":1},{"week":20,"averageReturn":-29.8,"sample":1},{"week":21,"averageReturn":-24.6,"sample":1},{"week":22,"averageReturn":-24.6,"sample":1},{"week":23,"averageReturn":-24.6,"sample":1},{"week":24,"averageReturn":-24.6,"sample":1},{"week":25,"averageReturn":-24.6,"sample":1},{"week":26,"averageReturn":-26.3,"sample":1}]},"regimes":{"alignedPositive":{"label":"Price and Market Dynamics positive","kind":"aligned","expectedDirection":"higher","episodes":13,"completedEpisodes":12,"activeEpisodes":1,"medianExpectedMove":18.5,"averageExpectedMove":18.9,"averageWeeksToLargestMove":6.3,"horizons":[{"weeks":4,"sample":13,"expectedCount":6,"expectedPercent":46.2,"averageReturn":4.3,"medianReturn":0.0,"confidenceLow":23.2,"confidenceHigh":70.9,"confidence":"Mixed historical record"},{"weeks":12,"sample":12,"expectedCount":8,"expectedPercent":66.7,"averageReturn":12.3,"medianReturn":13.6,"confidenceLow":39.1,"confidenceHigh":86.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":12,"expectedCount":9,"expectedPercent":75.0,"averageReturn":16.6,"medianReturn":12.3,"confidenceLow":46.8,"confidenceHigh":91.1,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":2.1,"sample":13},{"week":2,"averageReturn":3.7,"sample":13},{"week":3,"averageReturn":3.3,"sample":13},{"week":4,"averageReturn":4.3,"sample":13},{"week":5,"averageReturn":6.0,"sample":13},{"week":6,"averageReturn":6.8,"sample":13},{"week":7,"averageReturn":7.4,"sample":13},{"week":8,"averageReturn":6.1,"sample":13},{"week":9,"averageReturn":7.5,"sample":12},{"week":10,"averageReturn":11.8,"sample":12},{"week":11,"averageReturn":12.4,"sample":12},{"week":12,"averageReturn":12.3,"sample":12},{"week":13,"averageReturn":12.8,"sample":12},{"week":14,"averageReturn":15.5,"sample":12},{"week":15,"averageReturn":17.6,"sample":12},{"week":16,"averageReturn":15.1,"sample":12},{"week":17,"averageReturn":14.9,"sample":12},{"week":18,"averageReturn":16.7,"sample":12},{"week":19,"averageReturn":17.5,"sample":12},{"week":20,"averageReturn":18.1,"sample":12},{"week":21,"averageReturn":16.0,"sample":12},{"week":22,"averageReturn":16.5,"sample":12},{"week":23,"averageReturn":16.1,"sample":12},{"week":24,"averageReturn":16.2,"sample":12},{"week":25,"averageReturn":17.1,"sample":12},{"week":26,"averageReturn":16.6,"sample":12}]},"alignedNegative":{"label":"Price and Market Dynamics negative","kind":"aligned","expectedDirection":"lower","episodes":20,"completedEpisodes":18,"activeEpisodes":2,"medianExpectedMove":13.6,"averageExpectedMove":13.0,"averageWeeksToLargestMove":7.6,"horizons":[{"weeks":4,"sample":19,"expectedCount":9,"expectedPercent":47.4,"averageReturn":1.9,"medianReturn":0.0,"confidenceLow":27.3,"confidenceHigh":68.3,"confidence":"Mixed historical record"},{"weeks":12,"sample":18,"expectedCount":12,"expectedPercent":66.7,"averageReturn":0.6,"medianReturn":-7.6,"confidenceLow":43.7,"confidenceHigh":83.7,"confidence":"Mixed historical record"},{"weeks":26,"sample":18,"expectedCount":10,"expectedPercent":55.6,"averageReturn":5.5,"medianReturn":-15.2,"confidenceLow":33.7,"confidenceHigh":75.4,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":0.3,"sample":19},{"week":2,"averageReturn":1.3,"sample":19},{"week":3,"averageReturn":1.3,"sample":19},{"week":4,"averageReturn":1.9,"sample":19},{"week":5,"averageReturn":0.6,"sample":19},{"week":6,"averageReturn":1.7,"sample":19},{"week":7,"averageReturn":0.1,"sample":18},{"week":8,"averageReturn":2.1,"sample":18},{"week":9,"averageReturn":1.7,"sample":18},{"week":10,"averageReturn":1.5,"sample":18},{"week":11,"averageReturn":1.1,"sample":18},{"week":12,"averageReturn":0.6,"sample":18},{"week":13,"averageReturn":0.2,"sample":18},{"week":14,"averageReturn":0.1,"sample":18},{"week":15,"averageReturn":3.2,"sample":18},{"week":16,"averageReturn":5.1,"sample":18},{"week":17,"averageReturn":6.7,"sample":18},{"week":18,"averageReturn":10.2,"sample":18},{"week":19,"averageReturn":9.4,"sample":18},{"week":20,"averageReturn":7.2,"sample":18},{"week":21,"averageReturn":6.3,"sample":18},{"week":22,"averageReturn":7.3,"sample":18},{"week":23,"averageReturn":6.5,"sample":18},{"week":24,"averageReturn":7.3,"sample":18},{"week":25,"averageReturn":7.8,"sample":18},{"week":26,"averageReturn":5.5,"sample":18}]},"priceAhead":{"label":"Price positive, Market Dynamics cautious","kind":"disagreement","expectedDirection":"lower","episodes":16,"completedEpisodes":15,"activeEpisodes":1,"medianExpectedMove":9.1,"averageExpectedMove":15.0,"averageWeeksToLargestMove":7.7,"horizons":[{"weeks":4,"sample":15,"expectedCount":8,"expectedPercent":53.3,"averageReturn":-2.9,"medianReturn":-2.0,"confidenceLow":30.1,"confidenceHigh":75.2,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":10,"expectedPercent":66.7,"averageReturn":-6.5,"medianReturn":-9.1,"confidenceLow":41.7,"confidenceHigh":84.8,"confidence":"Mixed historical record"},{"weeks":26,"sample":14,"expectedCount":8,"expectedPercent":57.1,"averageReturn":-3.4,"medianReturn":-16.4,"confidenceLow":32.6,"confidenceHigh":78.6,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":-0.2,"sample":16},{"week":2,"averageReturn":-0.8,"sample":16},{"week":3,"averageReturn":-1.1,"sample":15},{"week":4,"averageReturn":-2.9,"sample":15},{"week":5,"averageReturn":-3.2,"sample":15},{"week":6,"averageReturn":-4.2,"sample":15},{"week":7,"averageReturn":-5.2,"sample":15},{"week":8,"averageReturn":-5.6,"sample":15},{"week":9,"averageReturn":-7.1,"sample":15},{"week":10,"averageReturn":-7.6,"sample":15},{"week":11,"averageReturn":-8.3,"sample":15},{"week":12,"averageReturn":-6.5,"sample":15},{"week":13,"averageReturn":-6.0,"sample":15},{"week":14,"averageReturn":-4.3,"sample":15},{"week":15,"averageReturn":-5.9,"sample":15},{"week":16,"averageReturn":-4.2,"sample":14},{"week":17,"averageReturn":-5.0,"sample":14},{"week":18,"averageReturn":-6.8,"sample":14},{"week":19,"averageReturn":-7.2,"sample":14},{"week":20,"averageReturn":-4.7,"sample":14},{"week":21,"averageReturn":-2.8,"sample":14},{"week":22,"averageReturn":-2.0,"sample":14},{"week":23,"averageReturn":-1.9,"sample":14},{"week":24,"averageReturn":-2.5,"sample":14},{"week":25,"averageReturn":-2.4,"sample":14},{"week":26,"averageReturn":-3.4,"sample":14}]},"dynamicsAhead":{"label":"Price cautious, Market Dynamics positive","kind":"disagreement","expectedDirection":"higher","episodes":16,"completedEpisodes":15,"activeEpisodes":1,"medianExpectedMove":12.8,"averageExpectedMove":20.4,"averageWeeksToLargestMove":5.7,"horizons":[{"weeks":4,"sample":16,"expectedCount":7,"expectedPercent":43.8,"averageReturn":4.7,"medianReturn":0.0,"confidenceLow":23.1,"confidenceHigh":66.8,"confidence":"Mixed historical record"},{"weeks":12,"sample":15,"expectedCount":9,"expectedPercent":60.0,"averageReturn":13.9,"medianReturn":6.4,"confidenceLow":35.7,"confidenceHigh":80.2,"confidence":"Mixed historical record"},{"weeks":26,"sample":15,"expectedCount":8,"expectedPercent":53.3,"averageReturn":15.9,"medianReturn":14.3,"confidenceLow":30.1,"confidenceHigh":75.2,"confidence":"Mixed historical record"}],"path":[{"week":0,"sample":0},{"week":1,"averageReturn":3.0,"sample":16},{"week":2,"averageReturn":4.3,"sample":16},{"week":3,"averageReturn":6.3,"sample":16},{"week":4,"averageReturn":4.7,"sample":16},{"week":5,"averageReturn":4.5,"sample":16},{"week":6,"averageReturn":3.6,"sample":16},{"week":7,"averageReturn":5.7,"sample":16},{"week":8,"averageReturn":9.5,"sample":15},{"week":9,"averageReturn":9.3,"sample":15},{"week":10,"averageReturn":10.9,"sample":15},{"week":11,"averageReturn":12.6,"sample":15},{"week":12,"averageReturn":13.9,"sample":15},{"week":13,"averageReturn":13.2,"sample":15},{"week":14,"averageReturn":13.4,"sample":15},{"week":15,"averageReturn":13.1,"sample":15},{"week":16,"averageReturn":13.5,"sample":15},{"week":17,"averageReturn":16.8,"sample":15},{"week":18,"averageReturn":15.2,"sample":15},{"week":19,"averageReturn":14.8,"sample":15},{"week":20,"averageReturn":14.3,"sample":15},{"week":21,"averageReturn":14.6,"sample":15},{"week":22,"averageReturn":18.3,"sample":15},{"week":23,"averageReturn":18.0,"sample":15},{"week":24,"averageReturn":17.2,"sample":15},{"week":25,"averageReturn":14.2,"sample":15},{"week":26,"averageReturn":15.9,"sample":15}]}},"pricePressureGap":{"label":"Price elevated relative to Market Dynamics","kind":"structuralDivergence","expectedDirection":"lower","episodes":0,"completedEpisodes":0,"activeEpisodes":0,"horizons":[{"weeks":4,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":12,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"},{"weeks":26,"sample":0,"expectedCount":0,"confidence":"Not enough evidence"}],"path":[{"week":0,"sample":0},{"week":1,"sample":0},{"week":2,"sample":0},{"week":3,"sample":0},{"week":4,"sample":0},{"week":5,"sample":0},{"week":6,"sample":0},{"week":7,"sample":0},{"week":8,"sample":0},{"week":9,"sample":0},{"week":10,"sample":0},{"week":11,"sample":0},{"week":12,"sample":0},{"week":13,"sample":0},{"week":14,"sample":0},{"week":15,"sample":0},{"week":16,"sample":0},{"week":17,"sample":0},{"week":18,"sample":0},{"week":19,"sample":0},{"week":20,"sample":0},{"week":21,"sample":0},{"week":22,"sample":0},{"week":23,"sample":0},{"week":24,"sample":0},{"week":25,"sample":0},{"week":26,"sample":0}]},"currentApplication":{"status":"Evidence aligned downward","tone":"negative","headline":"Price and Market Dynamics remain aligned downward","use":"The downside remains supported until Market Dynamics repairs or price structure changes.","confirm":"The downside state remains confirmed until Market Dynamics repairs or price structure changes.","invalidate":"Reassess the reading when either price structure or the Market Dynamics state changes materially.","level":"negative","direction":"weakening","zone":"middle","zoneContext":"Price is between the accumulation and distribution zones. The Market Dynamics bars describe whether the current move is gaining or losing underlying support.","historical":{"label":"Broad directional cases","weeks":12,"direction":"lower","percent":66.7,"averageReturn":0.6,"sample":18},"nowContext":{"label":"Easier this week","detail":"Market Dynamics weakened this week and remains below zero."},"fourWeekContext":{"label":"Weakened over four weeks","detail":"Underlying support has contracted across the recent completed path."},"priceContext":{"label":"Price structure is downward","detail":"Price is responding in the same broad direction as Market Dynamics."}},"strategyApproach":{"headline":"Strategy observations from this ticker's own record","summary":"The current reading identifies the setup. The observations below show how this ticker's completed history can guide positioning, confirmation and risk control without treating any one reading as a forecast.","observations":[{"eyebrow":"Capital protection","title":"Treat agreement on the downside as a defensive condition","tone":"negative","approach":"Reduce the burden of proof for risk control and raise it for new long exposure. A short position still needs a defined entry, exit and maximum loss.","finding":"In this ticker's completed record, 66.7% of comparable cases moved lower after 12 weeks, with an average move of 0.6% across 18 cases.","watch":"Reassess the reading when either price structure or the Market Dynamics state changes materially."},{"eyebrow":"Zone positioning","title":"Use accumulation to prepare the long case, then wait for confirmation","tone":"positive","finding":"After accumulation, 100.0% of completed 12-week outcomes were higher across 1 cases. Distinct visits lasted 16.0 weeks on average before leaving the zone.","approach":"Build the thesis and entry conditions while price is in accumulation. Increase exposure only when price responds; location alone is not the entry.","watch":"A failed price response or renewed weakness removes the reason to increase long exposure."},{"eyebrow":"Disagreement playbook","title":"Use unsupported price strength to tighten discipline","tone":"caution","finding":"Comparable disagreements produced an average pullback of 15.0% across 15 completed cases, with the largest move arriving after 7.7 weeks on average.","approach":"Avoid adding simply because price is rising. Let improving Market Dynamics confirm the move, or let price reset before reassessing it.","watch":"The warning ends when Market Dynamics catches up or price gives way."}]},"summary":"This record compares the ticker's completed price path with its published Market Dynamics history."},"events":{"positioning_recoveries":[{"date":"2025-10-03","price":0.195}],"distribution_rollovers":[],"price_pressure_gaps":[]}},"smTape":{"available":true,"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"close":[0.185,0.19,0.185,0.19,0.19,0.19,0.19,0.18,0.185,0.185,0.18,0.18,0.19,0.21,0.215,0.21,0.215,0.195,0.205,0.205,0.205,0.2,0.205,0.22,0.215,0.215,0.215,0.215,0.2025,0.2075,0.2075,0.2075,0.2,0.2,0.2,0.2,0.195,0.195,0.205,0.205,0.205,0.205,0.165,0.165,0.165,0.165,0.165,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.175,0.165,0.165,0.195,0.215,0.265,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.255,0.255,0.255,0.255,0.26,0.255,0.245,0.245,0.23,0.23,0.225,0.225,0.225,0.215,0.215,0.22,0.22,0.22,0.22,0.22,0.22,0.225,0.225,0.22,0.22,0.22,0.205,0.21,0.21,0.21,0.21,0.215,0.205],"consensus":[-24.8949,0.0,-17.5997,9.2197,0.0,0.0,0.0,-37.1725,0.0,0.0,-21.7523,0.0,19.5969,55.784,40.2677,8.8426,34.0683,-34.1137,24.4581,0.0,0.0,-9.123,17.9736,45.644,0.0,0.0,22.3762,0.0,-33.3448,0.0,0.0,0.0,-22.4215,0.0,0.0,0.0,-24.1992,0.0,27.959,15.0079,9.6866,19.2474,-68.6964,-34.6338,-32.1532,-32.2944,-13.2848,0.0,-13.5051,-12.063,-9.0349,0.0,0.0,0.0,0.0,21.2611,-37.9597,-10.3746,64.4027,67.6189,82.7235,31.3964,44.5283,44.3359,37.8909,36.3934,36.2575,23.7742,21.9152,19.6247,29.249,0.0,16.9257,15.4457,14.0686,32.2469,0.0,-30.8633,-11.0962,-55.9465,-24.8028,-35.9781,-21.5889,-17.67,-60.5484,-27.5471,0.0,-8.7725,0.0,0.0,-8.7677,0.0,14.5168,0.0,-15.4309,0.0,0.0,-41.8185,0.0,-26.6054,-8.1422,0.0,18.6992,-43.4808],"supportDates":["2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"],"control":[0.0,0.0,0.0,22.587,-31.042,-7.3969,55.0167,61.1304,81.6881,20.1998,40.3996,40.6325,52.3073,45.7955,47.7752,25.454,25.1658,22.7047,39.7455,0.0,29.7798,28.4674,27.2282,39.5133,0.0,-21.7755,-4.1368,-45.4677,-15.4377,-23.4845,-10.7531,-12.6502,-54.6416,-23.7694,0.0,-0.6061,0.0,0.0,-7.7279,0.0,14.3864,0.0,-10.871,0.0,0.0,-42.5934,0.0,-28.0293,-2.0989,0.0,12.8677,-38.5726],"force":[0.0,0.0,0.0,32.2761,-68.5947,-0.6907,95.0818,83.6824,96.9321,8.417,14.2538,18.04,9.2459,11.6,11.6,3.8667,2.0471,2.0471,17.96,0.0,8.8446,8.7008,8.5536,36.2242,0.0,-51.5809,-2.5516,-78.7651,-5.4195,-35.5144,-0.3246,-1.8654,-80.5156,-5.1632,0.0,-8.2893,0.0,0.0,-0.0,0.0,29.0504,0.0,-30.1617,0.0,0.0,-32.4747,0.0,-17.8481,-5.2483,0.0,47.7534,-73.2602],"direction":[0.0,0.0,0.0,11.878,-23.9834,-21.6816,53.2158,63.5603,73.7579,72.6308,70.8715,67.3511,41.8756,43.3579,40.707,36.0742,32.3918,28.6601,25.3165,0.0,8.0076,5.3815,2.9682,21.1016,0.0,-26.451,-25.153,-51.6233,-49.351,-50.5877,-49.6252,-37.3608,-53.0365,-47.8532,0.0,-31.6778,0.0,0.0,-16.2186,0.0,4.2848,0.0,-10.1202,0.0,0.0,-47.6069,0.0,-31.2334,-29.4108,0.0,4.6108,-27.8192],"intensity":[7.6923,53.8462,53.8462,32.6923,69.2308,40.3846,96.1538,98.0769,100.0,96.1538,61.5385,26.9231,80.7692,61.5385,63.4615,63.4615,63.4615,7.6923,34.6154,30.7692,32.6923,9.6154,11.5385,36.5385,36.5385,88.4615,38.4615,82.6923,71.1538,71.1538,71.1538,13.4615,75.0,86.5385,40.3846,11.5385,13.4615,73.0769,15.3846,75.0,44.2308,19.2308,78.8462,82.6923,23.0769,88.4615,51.9231,84.6154,73.0769,17.3077,73.0769,73.0769],"confirmation":[3.1725,24.6232,2.9841,75.1191,81.1861,25.842,89.6869,90.2265,94.9203,33.4664,81.3893,81.4425,79.0324,78.747,78.6754,52.3088,51.6912,51.0306,76.8557,3.0198,72.9741,49.872,49.4667,78.3295,25.8366,78.6461,26.0631,86.758,52.8222,79.6892,51.8083,50.8668,88.074,53.5238,30.6321,4.3278,3.5141,48.0309,25.221,3.4184,50.4236,25.2002,73.4563,25.8698,25.9362,81.0853,6.0065,76.2252,26.5875,2.8907,52.2914,90.8962],"persistence":[62.5,50.0,37.5,25.0,25.0,25.0,0.0,12.5,25.0,37.5,50.0,50.0,75.0,100.0,100.0,100.0,100.0,100.0,100.0,87.5,87.5,87.5,87.5,87.5,75.0,50.0,25.0,12.5,12.5,37.5,62.5,87.5,100.0,100.0,87.5,87.5,75.0,62.5,62.5,50.0,25.0,12.5,25.0,12.5,12.5,25.0,12.5,25.0,50.0,50.0,25.0,37.5],"assessmentRisk":[0.4697,3.3757,1.0419,38.9796,26.0177,39.8102,17.4834,16.1612,8.6379,34.3011,27.7063,27.473,34.0832,18.1967,18.1288,11.8871,10.9576,9.8123,14.6245,17.6286,25.9848,57.333,56.9793,33.27,2.8752,34.2487,44.1322,22.0261,37.5936,31.975,39.1696,29.0595,19.3468,33.8471,34.8356,30.6468,37.0989,40.0455,4.3838,0.1876,36.6798,40.1482,7.7155,1.741,44.0471,29.0691,45.7969,35.2455,44.4771,38.04,28.7924,13.8994],"volumeParticipation":true,"latest":{"consensus":-43.5,"control":-38.6,"force":-73.3,"direction":-27.8,"confirmation":90.9,"persistence":37.5,"assessmentRisk":13.9,"intensity":73.1,"evidenceDepth":100},"analysis":{"status":"Joint downward confirmation","headline":"The gauges support the downward market view","summary":"Price structure and Market Dynamics agree. Control, force and direction support the same downward assessment.","take":"Current assessment: downward pressure has broad support.","tone":"negative","supportedView":"Price structure and Market Dynamics","direction":"downward","disagreement":false},"support":{"window":"Latest 12 months","controlState":"Seller control supports the view","controlPath":"Control support is strengthening","forceState":"Downward commitment","forcePath":"Commitment is strengthening","directionState":"Downward follow-through","persistenceState":"Unsettled","confirmationState":"Strong support","riskState":"Contained","intensityState":"Elevated"},"cards":[{"label":"SM Consensus Gauge","value":"-43.5","detail":"Joint downward confirmation","tone":"negative"},{"label":"SM Control Gauge","value":"-38.6","detail":"Seller control supports the view","tone":"negative"},{"label":"SM Force Gauge","value":"-73.3","detail":"Downward commitment","tone":"negative"},{"label":"SM Direction Gauge","value":"-27.8","detail":"Downward follow-through","tone":"negative"},{"label":"SM Confirmation Gauge","value":"91/100","detail":"Strong support","tone":"positive"}]},"kpis":[{"label":"Price structure","value":"Aligned downward","detail":"completed-week alignment","tone":"negative"},{"label":"Momentum","value":"34.4","detail":"Negative","tone":"negative"},{"label":"Risk pressure","value":"6.9%","detail":"Contained","tone":"neutral"},{"label":"Trend quality","value":"17.0","detail":"Range-led","tone":"neutral"},{"label":"Range position","value":"17%","detail":"location inside observed range","tone":"neutral"},{"label":"Adaptive set","value":"6 views","detail":"selected for the current tape","tone":"neutral"}],"charts":[{"key":"price","eyebrow":"Price architecture","title":"Trend, acceptance and volatility envelope","description":"Price is shown against fast and slow trend references with its current volatility envelope.","reason":"Selected as the anchor because price and its trend references are aligned downward.","series":[{"label":"Close","values":[0.185,0.19,0.185,0.19,0.19,0.19,0.19,0.18,0.185,0.185,0.18,0.18,0.19,0.21,0.215,0.21,0.215,0.195,0.205,0.205,0.205,0.2,0.205,0.22,0.215,0.215,0.215,0.215,0.2025,0.2075,0.2075,0.2075,0.2,0.2,0.2,0.2,0.195,0.195,0.205,0.205,0.205,0.205,0.165,0.165,0.165,0.165,0.165,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.17,0.175,0.165,0.165,0.195,0.215,0.265,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.26,0.255,0.255,0.255,0.255,0.26,0.255,0.245,0.245,0.23,0.23,0.225,0.225,0.225,0.215,0.215,0.22,0.22,0.22,0.22,0.22,0.22,0.225,0.225,0.22,0.22,0.22,0.205,0.21,0.21,0.21,0.21,0.215,0.205],"stroke":"#10243b","width":2.1},{"label":"Fast trend","values":[0.1972,0.1959,0.1939,0.1932,0.1926,0.1921,0.1918,0.1896,0.1888,0.1881,0.1866,0.1854,0.1862,0.1906,0.195,0.1977,0.2009,0.1998,0.2008,0.2015,0.2022,0.2018,0.2024,0.2056,0.2073,0.2087,0.2098,0.2108,0.2093,0.2089,0.2087,0.2085,0.2069,0.2057,0.2046,0.2038,0.2022,0.2009,0.2016,0.2022,0.2027,0.2032,0.1962,0.1905,0.1859,0.1821,0.179,0.1774,0.176,0.1749,0.174,0.1733,0.1727,0.1722,0.1718,0.1724,0.171,0.1699,0.1745,0.1819,0.197,0.2084,0.2178,0.2255,0.2318,0.2369,0.2411,0.2445,0.2473,0.2496,0.2515,0.2522,0.2527,0.2531,0.2534,0.2546,0.2547,0.2529,0.2515,0.2476,0.2444,0.2409,0.238,0.2356,0.2319,0.2288,0.2272,0.2259,0.2248,0.2239,0.2232,0.2226,0.2231,0.2234,0.2228,0.2223,0.2219,0.2188,0.2172,0.2159,0.2148,0.2139,0.2141,0.2125],"stroke":"#176fa3","width":1.7},{"label":"Slow trend","values":[0.2091,0.2077,0.206,0.2048,0.2037,0.2027,0.2018,0.2002,0.199,0.198,0.1967,0.1954,0.195,0.1961,0.1975,0.1985,0.1997,0.1993,0.1998,0.2001,0.2005,0.2005,0.2008,0.2022,0.2032,0.204,0.2049,0.2056,0.2054,0.2055,0.2057,0.2058,0.2054,0.205,0.2046,0.2043,0.2036,0.203,0.2031,0.2032,0.2034,0.2035,0.2006,0.198,0.1956,0.1933,0.1912,0.1896,0.1882,0.1868,0.1856,0.1844,0.1834,0.1824,0.1815,0.181,0.1798,0.1787,0.1799,0.1825,0.1886,0.1939,0.1988,0.2033,0.2075,0.2114,0.215,0.2183,0.2214,0.2243,0.2269,0.229,0.2309,0.2327,0.2344,0.2363,0.2377,0.2382,0.2387,0.2381,0.2375,0.2365,0.2357,0.2349,0.2334,0.2321,0.2312,0.2303,0.2296,0.2289,0.2282,0.2276,0.2274,0.2272,0.2267,0.2262,0.2257,0.2242,0.2231,0.2222,0.2213,0.2204,0.22,0.2189],"stroke":"#07865c","width":1.8},{"label":"Upper envelope","values":[0.2244,0.2228,0.2231,0.223,0.223,0.2228,0.2228,0.2232,0.2231,0.2208,0.2184,0.2154,0.2117,0.2104,0.2117,0.2117,0.2139,0.2139,0.2154,0.2167,0.2179,0.2184,0.2192,0.2227,0.2248,0.2266,0.2282,0.2286,0.2281,0.2275,0.2257,0.2226,0.2212,0.2212,0.2205,0.2203,0.2196,0.2196,0.2196,0.2196,0.2196,0.2196,0.2265,0.2282,0.2292,0.2291,0.2281,0.2259,0.2251,0.2232,0.221,0.2183,0.2166,0.2145,0.2122,0.2097,0.2077,0.2055,0.2033,0.2061,0.2268,0.2403,0.2537,0.2649,0.2745,0.2827,0.2897,0.2958,0.301,0.3052,0.3085,0.3102,0.3109,0.3105,0.3088,0.3066,0.2995,0.2861,0.2761,0.2714,0.2728,0.2747,0.2757,0.2759,0.277,0.277,0.2759,0.2742,0.2721,0.2695,0.2664,0.2638,0.2607,0.2572,0.2532,0.2466,0.2401,0.2372,0.2323,0.2313,0.2299,0.2294,0.2284,0.228],"stroke":"#98a9b8","width":1.0,"dash":[6,5]},{"label":"Lower envelope","values":[0.1791,0.1782,0.1764,0.1755,0.175,0.1757,0.1757,0.1733,0.1719,0.1712,0.1701,0.1696,0.1708,0.1716,0.1708,0.1708,0.1696,0.1696,0.1701,0.1708,0.1716,0.1721,0.1733,0.1728,0.1732,0.1739,0.1748,0.1779,0.1802,0.183,0.1876,0.1934,0.1958,0.1948,0.194,0.1932,0.1919,0.1919,0.1919,0.1919,0.1919,0.1924,0.1815,0.1743,0.1683,0.1634,0.1594,0.1571,0.1547,0.1528,0.1513,0.1502,0.1489,0.148,0.1473,0.1473,0.1463,0.1455,0.1467,0.1449,0.1302,0.1222,0.1183,0.1166,0.1165,0.1178,0.1203,0.1232,0.127,0.1318,0.1375,0.1443,0.1521,0.161,0.1712,0.1819,0.198,0.2194,0.2344,0.2406,0.2357,0.2303,0.2258,0.2221,0.2165,0.212,0.2091,0.2068,0.2049,0.2035,0.2026,0.2017,0.2018,0.2023,0.2028,0.2054,0.2084,0.2073,0.2087,0.2077,0.2071,0.2061,0.2061,0.2045],"stroke":"#98a9b8","width":1.0,"dash":[6,5]}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"relative","eyebrow":"Relative leadership","title":"Strength versus the research benchmark","description":"Relative performance is separated from absolute price direction to reveal leadership and lagging pressure.","reason":"Selected because benchmark-relative leadership is strengthening, fading or diverging from price.","series":[{"label":"Relative strength","values":[-25.0684,-23.0187,-22.7453,-21.0116,-20.1331,-20.5442,-19.7714,-23.1734,-21.4078,-19.5624,-20.4093,-18.7167,-13.5567,-6.3145,-3.8354,-5.6981,-2.908,-9.0851,-4.6918,-5.0269,-4.432,-8.7218,-5.7557,-0.2517,-2.2015,-1.832,-0.2723,-1.3537,-5.0123,-1.5892,-1.2673,-1.0664,2.8016,4.121,0.2948,-1.3056,-5.7206,-5.3271,-2.041,-2.375,-2.9184,-3.4157,-21.8884,-20.7469,-20.4761,-20.204,-20.8045,-18.4066,-19.1441,-18.3351,-18.3075,-18.443,-19.7707,-18.3109,-18.2081,-16.1898,-20.0536,-20.2934,-7.6596,2.412,26.5355,19.9361,18.5698,18.5347,18.0164,19.7934,17.4854,17.9741,18.0903,14.9183,15.1142,11.9226,9.9739,8.6569,9.5468,10.8133,7.1598,2.3026,0.1602,-7.6419,-1.9423,-3.682,-0.2415,-0.616,-8.9741,-10.0147,-8.2237,-5.4648,-5.2077,-3.8892,-3.3654,-5.6639,-2.8446,-2.3323,-5.6408,-4.853,-6.3396,-14.1596,-10.663,-11.6006,-12.7876,-13.8886,-12.183,-15.1253],"stroke":"#176fa3","width":2.0,"fill":"rgba(23,111,163,.08)"}],"guides":[{"label":"Neutral","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"drawdown","eyebrow":"Path risk","title":"Drawdown and recovery pressure","description":"Capital impairment and recovery are shown together so return is not separated from path difficulty.","reason":"Selected because the current recovery or drawdown path is central to the tape.","series":[{"label":"Drawdown","values":[-35.0877,-33.3333,-35.0877,-33.3333,-33.3333,-33.3333,-33.3333,-36.8421,-35.0877,-35.0877,-36.8421,-36.8421,-33.3333,-26.3158,-24.5614,-26.3158,-24.5614,-31.5789,-28.0702,-28.0702,-28.0702,-29.8246,-28.0702,-22.807,-24.5614,-24.5614,-24.5614,-24.5614,-28.9474,-27.193,-27.193,-27.193,-29.8246,-29.8246,-29.8246,-29.8246,-31.5789,-31.5789,-28.0702,-28.0702,-28.0702,-28.0702,-42.1053,-42.1053,-42.1053,-42.1053,-42.1053,-40.3509,-40.3509,-40.3509,-40.3509,-40.3509,-40.3509,-40.3509,-40.3509,-38.5965,-42.1053,-42.1053,-31.5789,-24.5614,-7.0175,-8.7719,-8.7719,-8.7719,-8.7719,-8.7719,-8.7719,-8.7719,-8.7719,-8.7719,-8.7719,-10.5263,-10.5263,-10.5263,-10.5263,-8.7719,-10.5263,-14.0351,-14.0351,-19.2982,-19.2982,-21.0526,-21.0526,-21.0526,-24.5614,-24.5614,-22.807,-22.807,-22.807,-22.807,-22.807,-22.807,-21.0526,-21.0526,-22.807,-22.807,-22.807,-28.0702,-26.3158,-26.3158,-26.3158,-26.3158,-24.5614,-28.0702],"stroke":"#c13f3f","width":1.9,"fill":"rgba(193,63,63,.10)"},{"label":"Recovery","values":[0.0,2.7027,0.0,2.7027,2.7027,2.7027,2.7027,0.0,2.7778,2.7778,0.0,0.0,5.5556,16.6667,19.4444,16.6667,19.4444,8.3333,13.8889,13.8889,13.8889,11.1111,13.8889,22.2222,19.4444,19.4444,19.4444,19.4444,12.5,15.2778,15.2778,15.2778,11.1111,11.1111,11.1111,11.1111,8.3333,2.6316,5.1282,5.1282,5.1282,5.1282,0.0,0.0,0.0,0.0,0.0,3.0303,3.0303,3.0303,3.0303,3.0303,3.0303,3.0303,3.0303,6.0606,0.0,0.0,18.1818,30.303,60.6061,57.5758,57.5758,57.5758,57.5758,57.5758,57.5758,57.5758,57.5758,57.5758,57.5758,54.5455,54.5455,54.5455,54.5455,57.5758,54.5455,48.4848,48.4848,39.3939,39.3939,36.3636,36.3636,15.3846,0.0,0.0,2.3256,2.3256,2.3256,2.3256,2.3256,2.3256,4.6512,4.6512,2.3256,2.3256,2.3256,0.0,2.439,2.439,2.439,2.439,4.878,0.0],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Prior high","values":[0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0,0.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"volatility","eyebrow":"Risk geometry","title":"Range pressure and compression","description":"Movement pressure and envelope width show whether risk is expanding, settling or compressed.","reason":"Selected because current variability is unusually compressed or expanded versus this ticker's own tape.","series":[{"label":"Range pressure","values":[10.3818,10.4617,11.0581,11.0506,10.2613,10.3178,10.2387,11.3769,11.244,11.02,11.1123,11.1039,10.7831,10.2158,9.89,9.7424,9.8328,10.9827,10.0666,10.3162,10.3737,10.7664,10.7989,10.3178,10.5246,9.9389,9.543,9.5258,10.0616,9.3759,9.1193,8.4679,8.6044,8.3469,8.1079,7.8859,7.8766,7.6803,7.1323,6.9364,6.441,6.1377,9.3104,9.2081,9.2261,9.1299,8.6942,8.6761,8.0564,7.4809,7.6819,7.4483,7.265,7.5864,7.3386,7.1749,8.17,8.2791,7.9702,7.8752,7.7179,8.1231,8.3671,8.7309,8.382,8.3328,8.0123,8.2642,8.1409,8.0264,7.7954,7.6607,7.2535,6.8755,6.5244,6.2166,6.1659,6.8338,7.0454,7.7452,7.6578,7.9037,7.5614,7.2435,7.7034,7.4688,7.1024,6.9197,6.7501,6.9173,7.0726,6.8596,6.7837,6.7816,7.1871,6.8913,6.7237,7.2229,7.0575,6.8936,6.7413,6.5659,6.3604,6.8911],"stroke":"#c13f3f","width":1.9},{"label":"Envelope width","values":[22.4476,22.2826,23.3691,23.8116,24.1206,23.5991,23.5991,25.1752,25.9169,25.3259,24.8548,23.8056,21.3996,20.3044,21.3996,21.3996,23.153,23.153,23.5415,23.7363,23.748,23.6872,23.434,25.2794,25.9367,26.3252,26.4661,24.9471,23.4575,21.7287,18.4464,14.0661,12.1713,12.6836,12.7569,13.0772,13.4954,13.4954,13.4954,13.4954,13.4954,13.241,22.0534,26.8277,30.6671,33.4719,35.4404,35.8911,37.0717,37.484,37.4736,37.014,37.0278,36.7425,36.1356,34.9141,34.717,34.169,32.3249,34.9209,54.0957,65.1759,72.8172,77.7777,80.8055,82.3274,82.6106,82.3939,81.2923,79.381,76.7013,73.0248,68.6322,63.4441,57.3125,51.0886,40.8293,26.4197,16.3374,12.0018,14.5632,17.6226,19.9043,21.6421,24.4877,26.6195,27.5395,28.0658,28.2015,27.9326,27.2254,26.6899,25.4915,23.9153,22.0872,18.2653,14.1789,13.4908,10.6937,10.7424,10.4765,10.6619,10.2823,10.8941],"stroke":"#b87806","width":1.7}],"guides":[],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"participation","eyebrow":"Participation","title":"Activity pressure and cumulative balance","description":"Observed activity is compared with its normal backdrop while cumulative balance tracks directional participation.","reason":"Selected because participation is confirming or diverging from the latest price path.","series":[{"label":"Activity versus norm","values":[0.0,683.9672,64.6831,136.9383,0.0,826.4371,168.5411,213.4386,563.7184,246.7121,126.0542,240.1031,23.8032,53.1238,15.8463,3.9073,173.1993,41.0776,24.2316,12.4554,69.5553,258.9037,436.5052,117.5365,129.8041,1.5044,1.3512,75.9603,45.6075,46.2799,71.032,0.0,8.1915,7.5769,0.8554,1.4773,23.0603,20.0959,11.8476,33.9458,0.0,2.2715,277.3289,211.3891,1700.9907,0.5812,69.315,1.9055,0.0,0.0,0.1156,1.4959,15.9746,81.7688,2.939,1.8418,187.3969,0.3802,191.6045,89.5916,62.9746,8.4499,30.4818,12.2345,0.1297,0.9224,0.3933,34.5542,0.9196,6.0581,15.9038,5.7918,5.0911,112.1726,8.7343,19.0781,21.2788,40.2597,998.8145,269.9046,141.9975,125.3798,120.3165,118.3031,65.9529,284.9837,35.4574,27.621,6.9196,183.983,2.3375,1.3024,48.5042,45.5214,178.808,13.1669,16.4379,0.0,28.8255,78.775,16.9762,1.9465,144.9939,140.3625],"stroke":"#1678a7","width":1.8},{"label":"Cumulative balance","values":[114.0064,117.3704,117.0593,118.0636,120.2891,121.18,121.18,118.7974,127.2713,128.4859,126.2221,131.3353,131.9196,133.2427,133.6329,133.5373,135.0,133.9851,134.5909,134.5909,134.5909,127.5293,135.0,135.0,131.241,131.241,131.241,131.241,130.2546,131.1989,131.1989,131.1989,131.0508,131.0508,131.0508,131.0508,130.6785,130.6785,130.8656,130.8656,130.8656,130.8656,128.6066,128.6066,128.6066,128.6066,128.6066,128.6768,128.6768,128.6768,128.6768,128.6768,128.6768,128.6768,128.6768,128.7447,121.156,121.156,129.6851,133.8348,135.0,134.6146,134.6146,134.6146,134.6146,134.6146,134.6146,134.6146,134.6146,134.6146,134.6146,134.5308,134.5308,134.5308,134.5308,134.7917,134.5752,134.1574,134.1574,130.8299,130.8299,129.2865,129.2865,129.2865,128.4102,128.4102,128.9691,128.9691,128.9691,128.9691,128.9691,128.9691,129.8228,129.8228,126.4509,126.4509,126.4509,126.4509,126.813,126.813,126.813,126.813,128.2347,126.8693],"stroke":"#07865c","width":1.7}],"guides":[{"label":"Typical activity","values":[100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0,100.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]},{"key":"range","eyebrow":"Acceptance map","title":"Range position and boundary pressure","description":"Price location inside its observed range shows whether the tape is pressing an outer boundary or rotating through value.","reason":"Selected because price is testing an observed boundary or moving rapidly through its recent range.","series":[{"label":"Range position","values":[15.3061,25.0,21.6867,31.5068,31.5068,33.8235,33.8235,23.6794,32.7869,32.7869,23.6794,23.6794,41.8944,78.3242,87.4317,78.3242,76.1905,44.4444,60.3175,60.3175,60.3175,52.381,60.3175,84.127,76.1905,76.1905,76.1905,76.1905,54.1667,62.5,62.5,62.5,50.0,50.0,50.0,50.0,41.6667,38.5965,53.7037,50.0,50.0,50.0,15.0327,15.0327,15.0327,15.0327,15.0327,21.5686,21.5686,21.5686,21.5686,21.5686,21.5686,24.812,29.2035,39.8148,22.7273,22.7273,80.9524,80.6452,93.9693,84.3137,84.3137,84.3137,84.3137,84.3137,84.3137,84.3137,84.3137,84.3137,84.3137,80.3922,80.3922,80.3922,80.3922,84.3137,80.3922,72.549,72.549,60.7843,60.7843,56.8627,56.3492,54.1667,23.5294,12.1622,14.2857,16.6667,16.6667,16.6667,16.6667,16.6667,25.0,26.3158,27.6923,31.0345,31.0345,5.1724,23.0769,23.0769,23.0769,23.0769,33.3333,16.9492],"stroke":"#10243b","width":2.0},{"label":"From high","values":[-30.9701,-24.0,-26.0,-20.8333,-20.8333,-19.1489,-19.1489,-18.8824,-16.6291,-16.6291,-18.8824,-18.8824,-14.3758,-5.3628,-3.1095,-5.3628,-6.5217,-15.2174,-10.8696,-10.8696,-10.8696,-13.0435,-10.8696,-4.3478,-6.5217,-6.5217,-6.5217,-6.5217,-11.9565,-9.7826,-9.7826,-9.7826,-13.0435,-13.0435,-13.0435,-13.0435,-15.2174,-15.2174,-10.8696,-10.8696,-10.8696,-10.8696,-28.2609,-28.2609,-28.2609,-28.2609,-28.2609,-26.087,-26.087,-26.087,-26.087,-26.087,-26.087,-22.7273,-19.0476,-15.6627,-20.4819,-20.4819,-4.878,-6.5217,-2.6523,-7.1429,-7.1429,-7.1429,-7.1429,-7.1429,-7.1429,-7.1429,-7.1429,-7.1429,-7.1429,-8.9286,-8.9286,-8.9286,-8.9286,-7.1429,-8.9286,-12.5,-12.5,-17.8571,-17.8571,-19.6429,-19.6429,-19.6429,-23.2143,-23.2143,-21.4286,-18.5185,-18.5185,-18.5185,-18.5185,-18.5185,-16.6667,-15.7303,-17.603,-15.3846,-15.3846,-21.1538,-19.2308,-19.2308,-19.2308,-19.2308,-15.6863,-19.2913],"stroke":"#c13f3f","width":1.5},{"label":"From low","values":[8.8235,11.7647,10.7784,13.7725,13.7725,13.7725,13.7725,7.7844,10.7784,10.7784,7.7844,7.7844,13.7725,25.7485,28.7425,25.7485,28.7425,16.7665,22.7545,22.7545,22.7545,19.7605,22.7545,31.7365,28.7425,28.7425,28.7425,28.7425,19.1176,22.0588,22.0588,22.0588,17.6471,17.6471,17.6471,17.6471,14.7059,12.7168,16.4773,13.8889,13.8889,13.8889,7.4919,7.4919,7.4919,7.4919,7.4919,10.7492,10.7492,10.7492,10.7492,10.7492,10.7492,10.7492,10.7492,14.0065,8.1967,8.1967,27.8689,40.9836,73.7705,70.4918,70.4918,70.4918,70.4918,70.4918,70.4918,70.4918,70.4918,70.4918,70.4918,67.2131,67.2131,67.2131,67.2131,70.4918,67.2131,60.6557,60.6557,50.8197,50.8197,47.541,46.1039,40.625,10.2564,4.3689,4.7619,4.7619,4.7619,4.7619,4.7619,4.7619,7.1429,7.1429,8.9109,8.9109,8.9109,1.4851,7.6923,7.6923,7.6923,7.6923,10.2564,5.1282],"stroke":"#07865c","width":1.5}],"guides":[{"label":"Range centre","values":[50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0,50.0],"stroke":"#8fa0af","width":1.0,"dash":[6,5]}],"dates":["2024-08-23","2024-08-30","2024-09-06","2024-09-13","2024-09-20","2024-09-27","2024-10-04","2024-10-11","2024-10-18","2024-10-25","2024-11-01","2024-11-08","2024-11-15","2024-11-22","2024-11-29","2024-12-06","2024-12-13","2024-12-20","2024-12-27","2025-01-03","2025-01-10","2025-01-17","2025-01-24","2025-01-31","2025-02-07","2025-02-14","2025-02-21","2025-02-28","2025-03-07","2025-03-14","2025-03-21","2025-03-28","2025-04-04","2025-04-11","2025-04-18","2025-04-25","2025-05-02","2025-05-09","2025-05-16","2025-05-23","2025-05-30","2025-06-06","2025-06-13","2025-06-20","2025-06-27","2025-07-04","2025-07-11","2025-07-18","2025-07-25","2025-08-01","2025-08-08","2025-08-15","2025-08-22","2025-08-29","2025-09-05","2025-09-12","2025-09-19","2025-09-26","2025-10-03","2025-10-10","2025-10-17","2025-10-24","2025-10-31","2025-11-07","2025-11-14","2025-11-21","2025-11-28","2025-12-05","2025-12-12","2025-12-19","2025-12-26","2026-01-02","2026-01-09","2026-01-16","2026-01-23","2026-01-30","2026-02-06","2026-02-13","2026-02-20","2026-02-27","2026-03-06","2026-03-13","2026-03-20","2026-03-27","2026-04-03","2026-04-10","2026-04-17","2026-04-24","2026-05-01","2026-05-08","2026-05-15","2026-05-22","2026-05-29","2026-06-05","2026-06-12","2026-06-19","2026-06-26","2026-07-03","2026-07-10","2026-07-17","2026-07-24","2026-07-31","2026-08-07","2026-08-14"]}]},"canonical_url":"https://sharemaestro.com/terminal/a901585c-d87f-46dc-a426-4f83ff6ce542/technical-pack/","technicals_url":"https://sharemaestro.com/terminal/a901585c-d87f-46dc-a426-4f83ff6ce542/technicals/","canonical_technicals_url":"https://sharemaestro.com/terminal/a901585c-d87f-46dc-a426-4f83ff6ce542/technicals/","distributions":{"pdf":"https://sharemaestro.com/terminal/a901585c-d87f-46dc-a426-4f83ff6ce542/technical-pack/download.pdf","json":"https://sharemaestro.com/terminal/a901585c-d87f-46dc-a426-4f83ff6ce542/technical-pack/data.json"},"source_fingerprint":"9cd530f06695c4247c13bf78356abe1fc64d7b3f05608eaef845426a892462cc","content_hash":"0bf1d94b849d893ace6064db343fc54f571af90c52c1be02dd86ad743a2cdd97","citation":"Sharemaestro, MLVN Technical Research Pack, completed week 2026-08-14, https://sharemaestro.com/terminal/a901585c-d87f-46dc-a426-4f83ff6ce542/technical-pack/","data_notes":{"time_series":"Parallel time-series arrays align by index with their dates array.","events":"Sparse chart markers are published as compact dated event records rather than null-filled arrays.","missing_values":"A remaining null in an aligned series means that observation is genuinely unavailable; zero remains a valid value."},"boundary":"Completed market observations and published proprietary outputs only. Market Dynamics construction and private inputs are not disclosed. Historical research is not a forecast or instruction to trade."}